Autoliv Saving More Lives…delivers Half a Billion Airbags for Side
Protection

Autoliv, Inc. (STO:ALIVSDB) (NYSE:ALV), the worldwide leader in
automotive safety, reports that the company has delivered over half a
billion airbags for side protection since the company invented these
safety devices in 1994.

Side airbags were first introduced to the automotive market when
Autoliv, in cooperation with Volvo launched the world’s first
side-impact airbag on the Volvo 850. This airbag was designed to reduce
injuries and fatalities to the occupant’s chest in side-impact
collisions. Subsequently, in 1998, Autoliv introduced another “World’s
First”. This was the Inflatable Curtain, which is an airbag that covers
the whole upper side of a vehicle in a side-impact collision to protect
the head of occupants sitting on the struck side of the vehicle. This
patented airbag was launched in cooperation with Volvo and Mercedes.

“These products continue to provide a very important benefit to society
and human life” commented Jan Olsson, Vice President of Autoliv
Research. “We estimate that our side airbags in the field will save at
least 15,000 lives over the years while in service. In addition, we
believe there is significant savings to society in medical and
rehabilitation costs related to fewer injuries due to our side airbags”
added Mr. Olsson.

“Our company’s primary focus is to save more lives”, stated Jan Carlson
CEO of Autoliv while presenting his keynote address during a recent
employee management conference. “It gives us a real sense of pride and
accomplishment when we hear from people who have survived automobile
crashes because of the products our dedicated employees design and
produce every day”.

Side airbags (both chest side airbags and head curtain side airbags)
will become mandatory on all new light vehicles sold as of September
next year according to federal law. Despite this improvement, only 50%
of the passenger light vehicles produced in the world are currently
equipped with side airbags.

Autoliv, Inc., the worldwide leader in automotive safety systems,
develops and manufactures automotive safety systems for all major
automotive manufacturers in the world. Together with its joint ventures,
Autoliv has more than 80 facilities with more than 50,000 employees in
29 countries. In addition, the Company has ten technical centers in nine
countries around the world, with 21 test tracks, more than any other
automotive safety supplier. Sales in 2011 grew by 15% to US $8.2
billion. The Company's shares are listed on the New York Stock Exchange
(NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic
Exchange in Stockholm (ALIV sdb). For more information about Autoliv,
please visit our company website at www.autoliv.com.